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| Definitions by InvestorWords.com |
| What is...? |
| Margin available for withdrawal Margin Available for Withdrawal shows the amount of cash that you can withdraw from your account. Any portion of this amount above and beyond your Cash Available for Withdrawal will be on margin. If you withdraw an amount greater than your Cash Available for Withdrawal, you will create a debit balance in your account and will be charged interest for this portion that you have borrowed from E*Trade. Margin Available for Withdrawal is based on the account equity at the close of business on the previous business day which is then reduced by open orders. It does not include the value of executed trades until the date the trade settles. This value does reflect today's trading activity. The value is reduced or increased as soon as an order is executed, not when the trade settles. Source: E*TRADE FINANCIAL |
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